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The S&P rose +1.4% Wednesday in celebration of a bi-partisan deal coming together to fund the government into January. This move puts us just 8 points shy of the all-time high at 1729.

What happens next?

Assuming a deal comes together then the path of least resistance is up. That is because:

1) The trend is your friend until proven otherwise...and that trend is still bullish.

2) US Economic data remains in positive territory with no recession in the air.

3) Stocks not overvalued versus alternatives.

Congrats to all those who have been staying firmly bullish this whole time. Unfortunately I know there are many of you that just can't fully get on board this bull market. Or feel they need a bigger correction before pulling the trigger on some trades.

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